Bailard Inc. Sells 1,529 Shares of Cable One, Inc. (NYSE:CABO)

Bailard Inc. trimmed its holdings in shares of Cable One, Inc. (NYSE:CABO - Free Report) by 58.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,100 shares of the company's stock after selling 1,529 shares during the period. Bailard Inc.'s holdings in Cable One were worth $398,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the business. Public Employees Retirement System of Ohio increased its holdings in shares of Cable One by 20.4% during the third quarter. Public Employees Retirement System of Ohio now owns 171 shares of the company's stock valued at $60,000 after purchasing an additional 29 shares during the period. Sanctuary Advisors LLC grew its holdings in Cable One by 3.1% during the third quarter. Sanctuary Advisors LLC now owns 1,445 shares of the company's stock worth $505,000 after acquiring an additional 43 shares during the period. Global Retirement Partners LLC grew its holdings in Cable One by 15.5% during the fourth quarter. Global Retirement Partners LLC now owns 343 shares of the company's stock worth $124,000 after acquiring an additional 46 shares during the period. KBC Group NV grew its holdings in Cable One by 45.5% during the third quarter. KBC Group NV now owns 160 shares of the company's stock worth $56,000 after acquiring an additional 50 shares during the period. Finally, Illinois Municipal Retirement Fund grew its holdings in Cable One by 2.3% during the fourth quarter. Illinois Municipal Retirement Fund now owns 2,690 shares of the company's stock worth $974,000 after acquiring an additional 61 shares during the period. 89.92% of the stock is owned by institutional investors and hedge funds.

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Cable One Trading Up 1.0 %

NYSE CABO traded up $2.63 on Friday, hitting $277.40. 197,237 shares of the company were exchanged, compared to its average volume of 106,753. The company's 50 day moving average price is $310.80 and its 200-day moving average price is $346.54. The company has a debt-to-equity ratio of 1.84, a current ratio of 0.93 and a quick ratio of 0.93. The firm has a market capitalization of $1.56 billion, a P/E ratio of 6.42 and a beta of 0.89. Cable One, Inc. has a twelve month low of $239.29 and a twelve month high of $470.87.

Cable One Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 7th. Shareholders of record on Tuesday, February 18th were issued a dividend of $2.95 per share. The ex-dividend date was Tuesday, February 18th. This represents a $11.80 annualized dividend and a yield of 4.25%. Cable One's payout ratio is presently 229.57%.

Insiders Place Their Bets

In other Cable One news, Director Wallace R. Weitz bought 1,000 shares of the stock in a transaction on Tuesday, March 4th. The shares were bought at an average price of $244.02 per share, with a total value of $244,020.00. Following the purchase, the director now directly owns 5,584 shares in the company, valued at $1,362,607.68. The trade was a 21.82 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.70% of the company's stock.

Analysts Set New Price Targets

A number of research firms recently issued reports on CABO. Wells Fargo & Company lowered their target price on Cable One from $340.00 to $240.00 and set an "underweight" rating on the stock in a report on Friday, February 28th. KeyCorp lowered their target price on Cable One from $825.00 to $650.00 and set an "overweight" rating on the stock in a report on Friday, February 28th. Finally, JPMorgan Chase & Co. lowered their target price on Cable One from $420.00 to $325.00 and set a "neutral" rating on the stock in a report on Monday, March 3rd.

Cable One Company Profile

Cable One, Inc, together with its subsidiaries, provides data, video, and voice services in the United States. The company offers residential data services, a service to enhance Wi-Fi signal throughout the home. It also provides various residential video services from basic video service to digital services with access to hundreds of channels; and provides a cloud-based DVR feature that does not require the use of a set-top boxes.